Keep in mind taxes go up as do rents.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

I recommend that you look at Notice of Defaults, Vacants, Tax Liens or Probate. 

Consider using an FHA loan to secure a 1–4 unit property with just 3.5% down and take advantage of tax benefits by living there for at least two years.

A mortgage lender can help determine if refinancing or tapping into equity might allow you to acquire additional properties.Consider a 1031 Exchange: If you're open to selling a current property, a 1031 exchange can defer capital gains taxes while enabling you to upgrade to a larger or more profitable asset.

From tax stand point I would think you can separate from primary and be okay with IRS being that IRS will not be local code enforcement.  

I"m also seeing people doing STRs to get the tax benefits besides the higher cash flow. 

Spoke with the seller a few month prior to contracting.

Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.

Am I setting myself up for a tax nightmare?